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Octave Specialty Group (OSG)
NYSE:OSG
OSG Stock Chart & Stats
$5.60
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Market closed
$5.60
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Day’s Range― - ―
52-Week Range$4.98 - $10.38
Previous CloseN/A
VolumeN/A
Average Volume (3M)749.19K
Market Cap
$245.35M
Enterprise Value$300.70M
Total Cash (Recent Filing)$68.44M
Total Debt (Recent Filing)$117.56M
Price to Earnings (P/E)―
Beta0.93
Next Earnings
May 11, 2026EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding43,812,035
10 Day Avg. Volume528,569
30 Day Avg. Volume749,192
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.51
Price to Sales (P/S)1.46
P/FCF Ratio-7.02
Enterprise Value/Market Cap1.23
Enterprise Value/Revenue1.20
Enterprise Value/Gross Profit1.47
Enterprise Value/Ebitda-7.13
Forecast
1Y Price Target
$15.00Price Target Upside167.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.29
Revenue Forecast (FY)$69.79M
Bulls Say, Bears Say
Bulls Say
Insurance Distribution GrowthSustained, high-single- to double-digit organic growth in the distribution segment indicates a scalable, recurring-commission business model. Durable revenue expansion supports margin operating leverage and underpins management's 2026 target of continued strong organic growth and EBITDA improvement.
High-margin ArmadaCare AcquisitionAcquiring a high-margin A&H MGA with >40% EBITDA margins diversifies revenue into uncorrelated, recurring product lines and should be accretive to consolidated adjusted EBITDA. This structurally boosts margin sustainability and reduces reliance on lower-margin P&C segments as integration completes.
Improved Leverage / Balance Sheet SupportMaterial reduction in leverage and a sizable equity base provide financial flexibility to fund growth, acquisitions, and startup MGAs while absorbing operating volatility. Stronger balance-sheet capacity lowers refinancing risk and supports multi-year scaling plans even during cash-flow variability.
Bears Say
Persistent Reported LossesLarge, recurring operating and net losses undermine return generation and equity efficiency. Unless conversion to consistent positive operating profits occurs, the company will need to rely on balance-sheet resources or raise capital, constraining durable shareholder returns and strategic optionality.
Weak And Inconsistent Cash GenerationNegative and volatile cash flow increases dependence on debt or equity to fund operations, MGA rollouts, and NCI buy-ins. Persistent cash deficits would stress liquidity and raise funding costs, limiting the company's ability to sustain investments needed to realize its medium-term margin targets.
Start-up Drag And Earnings VolatilityA large portion of MGAs are early-stage, producing negative EBITDA that depresses consolidated margins. Prolonged startup losses and timing risk on breakeven milestones create earnings volatility and could delay achieving targeted corporate scale and G&A efficiency over the next 2–3 years.
Octave Specialty Group News
OSG FAQ
What was Octave Specialty Group’s price range in the past 12 months?
Octave Specialty Group lowest stock price was $4.97 and its highest was $10.38 in the past 12 months.
What is Octave Specialty Group’s market cap?
Octave Specialty Group’s market cap is $245.35M.
When is Octave Specialty Group’s upcoming earnings report date?
Octave Specialty Group’s upcoming earnings report date is May 11, 2026 which is in 67 days.
How were Octave Specialty Group’s earnings last quarter?
Octave Specialty Group released its earnings results on Feb 23, 2026. The company reported -$0.02 earnings per share for the quarter, beating the consensus estimate of -$0.147 by $0.127.
Is Octave Specialty Group overvalued?
According to Wall Street analysts Octave Specialty Group’s price is currently Undervalued.
Does Octave Specialty Group pay dividends?
Octave Specialty Group pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Octave Specialty Group dividends here
What is Octave Specialty Group’s EPS estimate?
Octave Specialty Group’s EPS estimate is 0.07.
How many shares outstanding does Octave Specialty Group have?
Octave Specialty Group has 43,812,035 shares outstanding.
What happened to Octave Specialty Group’s price movement after its last earnings report?
Octave Specialty Group reported an EPS of -$0.02 in its last earnings report, beating expectations of -$0.147. Following the earnings report the stock price went down -9.752%.
Which hedge fund is a major shareholder of Octave Specialty Group?
Currently, no hedge funds are holding shares in OSG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Octave Specialty Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (167.86% Upside)
$15.00 (167.86% Upside)
Blogger Sentiment
Bullish
OSG Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 37.3K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-31.50%
12-Months-Change
Fundamentals
Return on Equity
-4.14%
Trailing 12-Months
Asset Growth
-82.23%
Trailing 12-Months
Company Description
Octave Specialty Group
Octave Specialty Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers specialty property and casualty insurance distribution services, which include managing general agents, underwriters, insurance broker, and other distribution and underwriting businesses. The company was formerly known as Ambac Financial Group, Inc. and changed its name to Octave Specialty Group, Inc. in November 2025. The company was founded in 1971 and is headquartered in New York, New York.
OSG Company Deck
OSG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a constructive growth story driven by a rapidly scaling Insurance Distribution platform, strong organic and Ventures revenue growth, margin improvement in distribution, accretive high-margin acquisition (ArmadaCare), AI/tech differentiation, and clear 2026 guidance. These positives were offset by transitional reported losses driven by acquisition and one-time corporate costs, impairments, start-up investment drag, and near-term pressure in some P&C pricing areas. Management framed the negatives as largely transactional and part of a multi-year scaling strategy, with several metrics (adjusted EBITDA, distribution margins, Ventures growth, combined ratio) trending favorably toward management targets.View all OSG earnings summariesOSG Stock 12 Month Forecast
Average Price Target
$15.00
▲(167.86% Upside)
Ownership Overview
6.21%
Insiders
17.23%
Mutual Funds
24.28% Other Institutional Investors
40.20% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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